- Funding round led by African Development Partners boosts Moniepoint’s valuation close to $1 billion
- Fintech aims to expand its digital payment and banking services across Africa
Abuja, Nigeria – Nigerian fintech Moniepoint has raised $110 million in a new Series C funding round, bringing its valuation closer to the $1 billion mark, or unicorn status. The round, led by African Development Partners, also included Google’s Africa Investment Fund, Verod Capital, global impact firm Lightrock, and a previous investor, according to the company’s statement.
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